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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Granite Point Mortgage Trust Inc. (NYSE:GPMT)

Strong Downtrend (-100) - GPMT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GPMT continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GPMT?

MarketClub looks at technical strength and momentum to determine if the timing is right for GPMT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_GPMT
Open High Low GPMT Price Change
3.65 4.00 3.49 3.81 -0.57
Entry Signal

MarketClub’s Trade Triangles for GPMT

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 4.450

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 4.495

short term down The short-term trend has been DOWN since May 8th, 2024 at 4.360

Smart Scan Analysis for GPMT

Based on our trend formula, GPMT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GPMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.65 4.00 3.49 3.81 -0.57
Prev. Close Volume Bid Ask Time
3.83 1110205 2024-05-08 15:59:35
Year High19.33Year High Date2018-09-06
Year Low16.15Year Low Date2018-02-09
52wk High6.40552wk High Date2023-12-27
52wk Low3.4952wk Low Date2024-05-08
Average Volume345,720Shares Outstanding51,035
Market Cap1,024MAssets284,693,200M
Liabilities198,803,400MP/E Ratio30.7619
Volatility13.89
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